“An engineer explained to us that hundreds of ear impressions were gathered in the name of research, and while each one obviously boasted its own unique shape and size, one single characteristic remained uniform across the board: the entrance into the ear canal is not a perfect circle, it's an oval.”
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Personally, I'd get a 360 and a Black Friday Blu-Ray player. For $500 you'll have the best of both worlds.
Also if you can wait a little bit for Blu-Ray, prices should fall even more in the new year.